USDA’s April WASDE report projects global cotton production for 2024–25 at 120.89 million bales, slightly down from March.
Exports are cut by 380,000 bales due to tariff concerns, while ending stocks rise by 530,000 bales.
Global consumption and imports fall, largely due to lower demand from China and Indonesia.
US balance sheet sees a minor export cut and unchanged farm prices at 63 cents per pound.
Exports are cut by 380,000 bales due to tariff concerns, while ending stocks rise by 530,000 bales.
Global consumption and imports fall, largely due to lower demand from China and Indonesia.
US balance sheet sees a minor export cut and unchanged farm prices at 63 cents per pound.
